Civil Services UPSC CAPF (Assistant Commandants) Test Series 2025 General Knowledge Economy Money and Banking
Consider the following statements regarding employment trends in India:
Statement-I: According to PLFS (Periodic Labour Force Survey) data, the worker-population ratio has been increasing in the last seven years.
Statement-II: Real wages have increased in line with inflation due to more investment by the private sector.
Which one of the following is correct in respect of the above statements?
1
Both Statement-I and Statement-II are correct, and Statement-II is the correct explanation for Statement-I.
2
Both Statement-I and Statement-II are correct, but Statement-II is not the correct explanation for Statement-I.
3
Statement-I is correct, but Statement-II is incorrect.
4
Statement-I is incorrect, but Statement-II is correct.